AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.114%

Price spread now: Popdex against Deribit+0.019%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Deribit Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.525%+$52 on $10k

Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.019%, 7d avg +0.036%

Together, before fees+0.653%+$65 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	10.688	0	get 0.0000% / 1h	46m 47s	$4.8M	$7.2M	25x
Short	Popdex AVAXUSDT	10.690	0.0096	get 0.0012% / 1h	46m 47s	$23K	$428K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee PopdexbpOrdersPrice spread, now +0.019%Rate

Funding earned: $20.16
Price spread: +0.019% → +0.036%: −$1.77
Slippage, 4 orders: −$12.03
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$7.05
Costs to cover: 0.254%
Break-even: 9.4 days

Slippage from Deribit: live order book, 2 min ago; Popdex: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 2 min ago	1.40 bp	5.6 bp −$6	97.2 bp −$972	doesn't fit	doesn't fit
Sell Popdex live order book, 62 min ago	1.89 bp	7.0 bp −$7	21.3 bp −$213	doesn't fit	doesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AVAX-PERP	−0.0192%	1h	10.691	+0.033%	$286K	$338K	10x	as long as short
Variational Omni AVAX	−0.0038%	8h	10.723	+0.325%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.685	−0.029%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUALlong	0.0000%	1h	10.688	long leg	$4.8M	$7.2M	25x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.689	+0.011%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.674%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0034%	8h	10.682	−0.056%	$12.7M	$32.0M	75x	as long as short
SoDEX AVAX-USD	+0.0075%	1h	10.686	−0.019%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.686	−0.023%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.682	−0.056%	$81.4M	$147.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.682	−0.056%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	10.690	+0.019%	$23K	$428K	50x
Hyperliquid AVAX	+0.0100%	1h	10.689	+0.009%	$37.4M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.691	+0.028%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.686	−0.019%	$268K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.684	−0.037%	$113.6M	$427.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.683	−0.047%	$18.7M	$112.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.684	−0.037%	$44.6M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.683	−0.047%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.681	−0.065%	$32.3M	$48.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.683	−0.047%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.684	−0.037%	$427K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.259%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.718	+0.281%	$173K	$664K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.689	+0.009%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.695	+0.065%	$230K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.715	+0.252%	$12K	$763K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.691	+0.033%	$342K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.690	+0.019%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.681	−0.069%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.688	−0.005%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.692	+0.038%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.430%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.684	−0.037%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.683	−0.048%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.689	+0.013%	$226K	—	120x	as long as short